SHORT NATURAL GAS
Same Narrative as WTI, Sell the YTD winners, Buy Losers
NG has been a high performing asset this year, a potential ease in RUS-UKR resolution could bring price lower,
also the technical indicators are all pointing towards further negative trend.
Moving Average (ST, MT and LT) all acting as resistance
Momentum indicators not oversold either.
Risk Management (based on Dec22 Futures) Live price
Entry 5.75
Stop 5.9
Target 5
NG has been a high performing asset this year, a potential ease in RUS-UKR resolution could bring price lower,
also the technical indicators are all pointing towards further negative trend.
Moving Average (ST, MT and LT) all acting as resistance
Momentum indicators not oversold either.
Risk Management (based on Dec22 Futures) Live price
Entry 5.75
Stop 5.9
Target 5
Trade active
Trade closed: target reached
We are trading below our target Take profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.